LADDERS FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: LADDERS FOUNDATION (EIN 81-0931609)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201943199349104324
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Notes Loans Rcvbl Short Sch2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T14:11:57-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	464245481	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GERSHON BIEGELEISEN & CO CPAS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 MADISON AVE	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	810931609	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LADDERS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LADD	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MOSHE BODNER	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2019-11-05	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GERSHON BIEGELEISEN	PreparerPersonNm
PTIN	P00117676	PTIN
Phone	7328866311	PhoneNum
Preparation	2019-11-14	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	167.68.16.49	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-15	IPDt
IP Tm	14:11:57	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	EA4667219D3749780AF8A7866FBA15170F22513E	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3FA6B1F2686BB45C3826A88A5968E42EF562B40E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$81,517	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$0	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$63,600	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$63,600	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$63,600	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$63,600	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$63,600	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$70,117	CashBOYAmt
Cash EOY	$16,517	CashEOYAmt
Cash EOYFMV	$16,517	CashEOYFMVAmt
Other Nts And Loans Rcvbl	$65,000	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$75,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$65,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$65,000	OtherNtsAndLoansRcvblEOYFMVAmt
Total Assets BOY	$145,117	TotalAssetsBOYAmt
Total Assets EOY	$81,517	TotalAssetsEOYAmt
Total Assets EOYFMV	$81,517	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$145,117	UnrestrictedBOYAmt
Unrestricted EOY	$81,517	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$145,117	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$81,517	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$145,117	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$81,517	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$145,117	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$63,600	ExcessRevenueOverExpensesAmt
Subtotal	$81,517	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$81,517	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$11,800	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$126,402	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.093353	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$24,050	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$6,482	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	3.710275	DistributionYr2Rt
Net Vl Noncharitable Assets Yr3	$3,694	NetVlNoncharitableAssetsYr3Amt
Total Distribution	3.803628	TotalDistributionRt
Average Distribution	1.901814	AverageDistributionRt
Net Vl Noncharitable Assets	$45,433	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$86,405	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$86,405	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$63,600	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	FOUNDATION	IndividualWithBooksNm
Phone	2124705029	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 SHENANDOAH DR	AddressLine1Txt
City	LAKEWOOD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08701	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MOSHE BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	3.00	$0	$0	$0
RUCHAMA BODNER
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	TRUSTEE	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$46,125	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$46,125	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$46,125	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$692	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$45,433	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,272	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,272	MinimumInvestmentReturnAmt
Distributable Before Adj	$2,272	DistributableBeforeAdjAmt
Distributable Before Ded	$2,272	DistributableBeforeDedAmt
Distributable As Adjusted	$2,272	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$63,600	ExpensesAndContributionsAmt
Qualifying Distributions	$63,600	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$63,600	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,272	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$23,541	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$5,480	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$29,021	TotalExcessDistributionCyovAmt
Qualifying Distributions	$63,600	QualifyingDistributionsAmt
Applied To Current Year	$2,272	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$61,328	RemainingDistriFromCorpusAmt
Total Corpus	$90,349	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$90,349	ExcessDistriCyovToNextYrAmt
Excess From Year2	$23,541	ExcessFromYear2Amt
Excess From Year1	$5,480	ExcessFromYear1Amt
Excess From Current Year	$61,328	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
CHOFETZ CHAIM KALLAH FUND
18 MOUNTAIN AVE	MONSEY	NY	10952	NONE	CHARITABLE	$500
CONG ANSHE FALLSBURG
84 LAUREL PARK ROAD	FALLSBURG	NY	12733	NONE	CHARITABLE	$6,000
CONG HEICHAL TORAH VEADO
21 SHENANDOAH DR	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$1,000	C/O ORGANIZATION
EIN OD MILVADO
621 5TH STREET	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$500
KNESSES BAIS YISROEL
177 REGENT DRIVE	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$150
LAKEWOOD CHEDER SCHOOL
725 VASSER AVE	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$100
MARKAZ HATALMUD
5 NESHER CT	MONSEY	NY	10952	NONE	EDUCATIONAL	$150
NACHLAS YISROEL
1483 EAST SPRUCE STREET	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$150
SHAAGAS ARYEH
975 CROSS STREET	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$500
TALMUDO BYADO MISHNAYOS CLUBS
1072 MADISON AVE	LAKEWOOD	NJ	08701	NONE	CHARITABLE	$50,000
YESHIVA BIRCHAS CHAIM
960 KENNEDY BOULEVARD	LAKEWOOD	NJ	08701	NONE	EDUCATIONAL	$500
YESHIVA TIFERES YISROEL
90 FRANCIS PLACE	SPRING VALLEY	NY	10977	NONE	EDUCATIONAL	$4,050

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$63,600	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)

Balance DueBalanceDueAmt
HARRY SUSSMAN LOAN
$40,000
JONATHAN KRANZ LOAN
$25,000

LADDERS FOUNDATION: Form 990PF, tax year 2018

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (2 entries)

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